What factors affect the ways individuals participate in labor
markets?

"New Developments and Research on Labor Markets" (volume 4B)
proposes answers to this and other questions on important topics of
public policy. Leading labor economists demonstrate how better data
and advanced experiments help them apply economic theory, yielding
sharper analyses and conclusions. The combinations of these
improved empirical findings with new models enable the authors of
these chapters to reveal how labor economists are developing new
and innovative ways to measure key parameters and test important
hypotheses.

Concentrates on empirical research in specific labor markets,
including those defined by age, gender, and race
Reveals how questions and answers about these markets have changed
and how models measure them
Documents how conceptual models and empirical work explain
important practical issues